Wednesday, 27th of August 2008
Wednesday, 27th of August 2008
"Macy's" — 1 post
Macy's Jumps on Board
by dan — Monday, June 11th, 2007
Add Macy's to the quickly the growing list of retailers who are making a significant deployment of solar energy systems on some of their California stores. This list includes Whole Foods, Staples, Kohl's, and Wal-Mart, who are all pursuing solar energy service arrangements by which they purchase electricity from a solar generation system located on their roof but owned by someone else. In this case, SunPower/PowerLight will build 26 systems, sell 15 of them outright to Macy's, and operate the remaining 11 under solar energy services Power Purchase Agreements. The solar energy services model is compelling - clearly a lot of big names are jumping on board - but Macy's, at least, seems willing to explore the financial and logistical impact of owning the solar photovoltaics compared to just buying the output.
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